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Service Tax (Legacy) 1193 views 13 replies

Give the current rates urgent plz.................

service tax ?

vat ?

central sale tax ?

custom duty ?

Replies (13)

solve this

cst  rate is  2 %                          

cst  rate is  2 %                          

service tax rate is 10.3%                               

vat rates depend on states      in punjab there are three rates.

nil

5.5%

13.75%

for the 1st question, answer is A - 2717.39

for 2nd question answer is C - 4550 coz 1 laptop and clothes are exempted and no custom duty upto 25000 for computer.

plz rachit jain solve it step by step.............

your first quetion's answer is

2717.39

step of q 1

goods exclusive of cst = 3000*100/102 =2941.18

goods exclusive of excise = 2941.18*100/108.24 = 2717.3

value including cst= 3000

value ex, cst= 3000/102*100=2941.17

hence value before excise= 2941.17/108.24*10=2717.39

in Q 2. what about u say education cesses....

i think ans. 4687

 

thanks all


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